Tuesday, January 31, 2012

I'm sure I missed a couple schools (I'm human, I didn't include public schools, and there may be some ultra-small schools I missed), but these are all the schools I could find who are able to spend at least $10K per student per year (assuming a 5% endowment spending rate) while glancing through the rankings and endowment data.

Rank

School

Endowment

Enroll

End/Stu

5%/stu

USNWR

1

Princeton

$17,109,508

7,802

$2,192,964

$109,648

Res 1

2

Yale

$19,374,000

11,701

$1,655,756

$82,788

Res 3

3

Harvard

$31,728,080

19,627

$1,616,553

$80,828

Res 1

4

Pomona

$1,700,454

1,560

$1,090,035

$54,502

LAC 4

5

Swarthmore

$1,508,483

1,524

$989,818

$49,491

LAC 3

6

MIT

$9,712,628

10,566

$919,234

$45,962

Res 5

7

Amherst

$1,641,511

1,795

$914,491

$45,725

LAC 2

8

Grinnell

$1,500,219

1,655

$906,477

$45,324

LAC 19

9

Williams

$1,784,305

2,083

$856,603

$42,830

LAC 1

10

Stanford

$16,502,606

19,535

$844,771

$42,239

Res 5

11

CIT

$1,772,369

2,175

$814,882

$40,744

Res 5

12

Rice

$4,451,452

5,879

$757,178

$37,859

Res 17

13

Cooper Union

$607,135

910

$667,181

$33,359

RCN 2

14

Wellesley

$1,499,872

2,411

$622,095

$31,105

LAC 6

15

Berea

$978,735

1,613

$606,779

$30,339

LAC 27

16

Washington &Lee

$1,218,132

2,173

$560,576

$28,029

LAC 12

17

Dartmouth

$3,413,406

6,141

$555,839

$27,792

Res 11

18

Notre Dame

$6,259,598

11,992

$521,981

$26,099

Res 19

19

Richmond

$1,877,193

3,618

$518,848

$25,942

LAC 27

20

Chicago

$6,575,126

12,781

$514,445

$25,722

Res 5

21

Bowdoin

$904,215

1,762

$513,175

$25,659

LAC 6

22

Smith

$1,429,527

3,113

$459,212

$22,961

LAC 19

23

Claremont McKenna

$543,236

1,278

$425,067

$21,253

LAC 9

24

Emory

$5,400,367

13,381

$403,585

$20,179

Res 20

25

Trinity (TX)

$962,829

2,417

$398,357

$19,918

RUW 1

26

Duke

$5,747,377

14,983

$383,593

$19,180

Res 10

27

Bryn Mawr

$671,103

1,755

$382,395

$19,120

LAC 25

28

Wash U

$5,280,143

13,820

$382,065

$19,103

Res 14

29

Northwestern

$7,182,745

19,389

$370,455

$18,523

Res 12

30

Berry

$752,544

2,087

$360,586

$18,029

LAC 121

31

Middlebury

$907,668

2,532

$358,479

$17,924

LAC 5

32

Hamilton

$657,529

1,861

$353,320

$17,666

LAC 17

33

Columbia

$7,789,578

22,283

$349,575

$17,479

Res 4

34

Haverford

$402,730

1,177

$342,167

$17,108

LAC 10

35

Colby

$611,441

1,825

$335,036

$16,752

LAC 21

36

Vassar

$814,130

2,446

$332,841

$16,642

LAC 14

37

Penn

$6,582,029

19,842

$331,722

$16,586

Res 5

38

Carleton

$653,465

2,020

$323,498

$16,175

LAC 6

39

Macalester

$654,465

2,033

$321,921

$16,096

LAC 25

40

Harvey Mudd

$243,125

773

$314,521

$15,726

LAC 18

41

Davidson

$509,583

1,742

$292,528

$14,626

LAC 11

42

Denison

$654,584

2,275

$287,729

$14,386

LAC 49

43

Brown

$2,496,926

8,695

$287,168

$14,358

Res 15

44

Lafayette

$658,146

2,414

$272,637

$13,632

LAC 40

45

Vanderbilt

$3,414,514

12,714

$268,563

$13,428

Res 17

46

Mount Holyoke

$602,481

2,345

$256,922

$12,846

LAC 29

47

Cornell

$5,059,406

20,939

$241,626

$12,081

Res 15

48

Colgate

$693,436

2,903

$238,869

$11,943

LAC 21

49

Oberlin

$699,895

2,974

$235,338

$11,767

LAC 24

50

Holy Cross

$606,074

2,899

$209,063

$10,453

LAC 29

There seem to be four tiers here:

1.) Three schools can spend over $80,000 per student in a given year
2.) Eight schools can spend between $40K and $55K per student
3.) 13 schools can spend between $20K and $40K per student
4.) 26 schools can spend between $10K and $20K per student

I was curious whether national research universities or liberal arts colleges had more resources per student but, outside the top three, the're pretty evenly mixed.

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About Me

After trying to teach middle school in the Bronx for two years, I decided to switch to the policy world and ran off to Vanderbilt to pursue a PhD and am now Assistant Professor of Leadership and Policy at Niagara University.
While my research interests center on urban poverty and social policy, I try to stay abreast of all the latest happenings in education.

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This blog is aimed at anybody interested in education policy (including, but not limited to, teachers, researchers, parents, and the general public). I aim to thoughtfully, but somewhat concisely, explore each issue I come across or bring up. I aim neither to talk down to the general public nor to insult the intelligence of the experts. The purpose of this blog is not to criticize individuals; it is to stir thought. The purpose of this blog is also (usually) not to take sides or push a certain point of view but, rather, to productively contribute to the discussion surrounding each topic.